Primary photo of 38 St Paul Street, Kedgwick
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Multi-family For Sale

$579,000

MLS® Number: NB140154

Floor Area

9,646

Land Size

3,777

38 St Paul Street, Kedgwick, New Brunswick

About This Property

An exceptional investment opportunity with unlimited potential! This unique commercial/multi-family property is currently operating with both long-term and short-term rental income through platforms such as Airbnb, Expedia.ca and Booking.com, generating income from day one. The first floor features 11 bedrooms, a full kitchen, dining room, spacious common areas including living room spaces (could easily be converted into additional rental areas or customized for other uses) offices, storage space, shower room and additional bathroom facilities. The dining room also offers direct access to a nice backyard space, adding even more appeal for guests or tenants. The second floor offers 9 additional bedrooms, all with private bathrooms, along with storage space. The basement is currently being used for storage. The property is equipped with 2 heat pumps as well as hot water heating. Whether you are looking to expand your investment portfolio, operate a boutique hotel, create a residence, senior living concept, retreat center, workforce housing or explore countless other business opportunities, this property offers the space, layout and flexibility to bring your vision to life. See photos of the floor plan layout for additional details and room distribution. A rare and versatile property with strong income potential and tremendous room for growth! Square Footage: 1st Floor 6125 sqft 2nd Floor 3521 sqft Basement 1357 sqft

Property Details

Interior Details

Appliances

Washer, Dryer

Basement

Unfinished, Full

Cooling

Heat Pump

Flooring

Other

Heating

Heat Pump, Electric, Hot Water

Living Area

9646 sqft

Building & Exterior

Exterior Features

Brick, Wood siding

Foundation Details

Concrete

Number Of Units Total

20

Stories

2.0

Land & Location

Lot Features

Wheelchair access

Lot Size Area

3777.0 square meters

Lot Size Dimensions

3777

Parcel Number

50385723

Postal Code

E8B2A7

Listing & Financials

Listing Office

Keller Williams Capital Realty

Originating System Name

New Brunswick REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Security Features

Alarm system, Sprinkler System-Fire

Mortgage Calculator

20% ($115,800)
5.5%
25 Years

Estimated Monthly Payment

$2,844

Principal and interest only. Actual rates may vary.

Location & Map

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